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Non-Tech : LL Knickerbocker(KNIC)/Pure Energy Corp

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To: Eric J. Beyer who wrote (622)8/14/1997 4:51:00 PM
From: Anthony Zack   of 1028
 
Hi all,

Is anyone else disappointed by the numbers?

I don't understand how a company can spend $6MM on g&a expenses every quarter. What is this money buying for KNIC? In comparison, the loss on equity number is a drop in the bucket. I'm having trouble seeing how a company that brings home so much bacon can't seem to keep any of it.

Still long on the Pure Energy promise, but admittedly frustrated by core results.

Tony
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